HW #7 - MP(MP ML = 6/8.5 =.7059 Mean = 250 σ = 34...

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Chris Martin Operations Management 11 April 2007 Homework #7 1. a) $396 b) 2400 Cookies c) $436 2. Price = $10 m+z σ , SL = MP/(MP+ML) Cost = $4 Salvage = $1.50
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Unformatted text preview: MP/(MP+ML) = 6/8.5 = .7059 Mean = 250 σ = 34 250 + .54(34) = 268 3. a) 8 months in advance b) $4200 c) $5800 d) $4900...
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